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Feb 21, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to "worldwide exchange." eurozone recovery hopes are dealt a blow after the regional pmi's flash estimates came in well below forecast. that compares with reuters forecast to 48.9. france, among the weakest link in the currency block with services activity slump to go a four-year low. we can take a look at the impact that that is having across markets. now down better than 2%. same goes for the xetra dax. the ftse 100 down 1.8%. the xetra dax is down 2% as well as the cac 40. the ibex 35 down 1.9%. now, u.s. futures are taking a hit on this. you can see the euro/dollar, for example, selling off as it is now decidedly below that 1.32 level. it's a pretty big move. dollar strengthened after the fomc meetings yesterday are a contributing factor. today, not much of a rebound shaping up. in fact, the dow now looking to shed something like 64 points, taking fair value into account. the nasdaq, the s&p 500 also weaker. look at that. the s&p is barely clingi
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to "worldwide exchange." eurozone recovery hopes are dealt a blow after the regional pmi's flash estimates came in well below forecast. that compares with reuters forecast to 48.9. france, among the weakest link in the currency block with services activity slump to go a four-year low. we can take a look at the impact that that is having across...
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Feb 18, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> italy's mario montanaty is calling on the candidates to appear in a televised debate as he's struggling to gain ground in his first ever campaign. jules is in milan. anybody nibbling at his debate idea, jules? >> well, what we've seen is that he's in fourth place behind berlusconi, behind the comedian becky grillo and wind the man that's most likely to win right now, mr. bersani of the democratic party. but i think the important thing to point out here is there's still a third of voters out there that haven't made a decision, in part because of the scandals we've had in the last few months making it difficult for people to decide. for mario monti's point of view, it can't hurt. berlusconi came out immediately and said he's not willing to face mario monti. he doesn't want questions on his economic policy. but one of the things that gets banded around here is if he's more interesting in addressing his legal issues. you know, my accepts from that is that actually, d
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> italy's mario montanaty is calling on the candidates to appear in a televised debate as he's struggling to gain ground in his first ever campaign. jules is in milan. anybody nibbling at his debate idea, jules? >> well, what we've seen is that he's in fourth place behind berlusconi, behind the comedian becky grillo and wind the man that's most likely to win right now,...
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Feb 22, 2013
02/13
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no take on the public finances and we can drive new business into our city. >> james, thanks very much for coming by. >> thank you. >>> today is the last trading day until the italian election on sunday. how will markets react to the outcome? julia just spoke to the ceo of borsi italiana. is it snowing there? >> yes. it's very pretty, isn't illustrate? but i can tell you, it's absolutely freezing. now, i did speak to the ceo of borse italiana. first, i want to show you one of the headlines suggesting that the parties are fearing the polls right now. what we're seeing is that beppe grillo has actually now, according to one of these secret polls, pulled ahead of sylvia berlusconi. interesting question, of course, what this means for a future coalition because mario monti has not seen in the secret surveys to have increased his number of votes at all. so question marks over whether they're going to be able to get enough votes to form any coalition here. as you can imagine, plenty of uncertainty here and that's one thing thatdy talk to the ceo about. how concerned is he about the process b
no take on the public finances and we can drive new business into our city. >> james, thanks very much for coming by. >> thank you. >>> today is the last trading day until the italian election on sunday. how will markets react to the outcome? julia just spoke to the ceo of borsi italiana. is it snowing there? >> yes. it's very pretty, isn't illustrate? but i can tell you, it's absolutely freezing. now, i did speak to the ceo of borse italiana. first, i want to show...
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Feb 27, 2013
02/13
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city moving independently of that. all others are moving to the upside. important thing is while durable goods, defense and aerospace, take a look at major sectors. financials all on the upside. >> thank you, mr. pisani. ty, up to you. >> sue, grab some buds. or maybe not. class action lawsuit accusing the watering down of beer, including bud ribudweiser. what is going on? >> class action lawsuit in california followed by pennsylvania and new jersey and others to follow. each one seeking at least $5 million. claim is that they knowingly added water to beer making its printed alcohol content claims inaccurate. the california lawsuit says among other things, quote, ab's claims are false in every instance and are based on uniform can corporate policy of overstating the amount of alcohol in each of ab's product. ten brands in all are included, including budweiser, bud light, michelob and i thought michelob ultra was mainly water anyway. they say our beers are in kulful compliance with labelling laws. we reached out for com
city moving independently of that. all others are moving to the upside. important thing is while durable goods, defense and aerospace, take a look at major sectors. financials all on the upside. >> thank you, mr. pisani. ty, up to you. >> sue, grab some buds. or maybe not. class action lawsuit accusing the watering down of beer, including bud ribudweiser. what is going on? >> class action lawsuit in california followed by pennsylvania and new jersey and others to follow. each...
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Feb 12, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work and not making any money. i see him moving in with his parents and selling bootleg dvds out of the back of a van. dude, that's your life. remember, aflac will give him cash to help cover his rent, car payments and keep everything as normal as possible. i see lunch. [ monitor beeping ] let's move on. [ male announcer ] find out what a hospital stay could really cost you at aflac.com. could lose tens of thousands of dollars on their 401(k) to hidden fees. thankfully e-trade has low cost
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ a hairline fracture to the mandible and contusions to the metacarpus. what...
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Feb 19, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to the program. european central bank president mario draghi is concerned that a strong euro, which has gained 8% against the dollar may weaken the fragile eurozone economy is raising the easing to the currency's appeal. what will draghi do next? find out what our analysts are saying at cnbc.com. especially after today went after that strong zew data, we're seeing the euro firm again. >> yeah. and they've managed to deal with the consequences of fourth quarter gdp. they've parked that issue. growth, of course, is very much the subject of the italian elections. the prime candidates involved. sylvia berlusconi has released his five-point tax plan in a last-minute attempt to lure voters. but it helps emphasize the difference between the new and the old guard of italian politics. julia is in milan as we count down to these elections. jules, what is in their five-point tax plan? >> well, you know, i've picked out a couple of the points that i think are pr
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to the program. european central bank president mario draghi is concerned that a strong euro, which has gained 8% against the dollar may weaken the fragile eurozone economy is raising the easing to the currency's appeal. what will draghi do next? find out what our analysts are saying at cnbc.com. especially after today went after that strong zew data, we're...
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Feb 6, 2013
02/13
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city and b of a have not performed well, even going back before the crisis, trading at significant discounts to tangible book value. so where the government could play a positive role is getting more information out to investors so they can decide maybe the economically best solution for this is a market-driven breakup, but right now it's very difficult again the inadequate disclosures to see how profitable each business line is because the mega banks don't allocate their capital expenses according to their business line. so i think the government has probably not looked at that as much as they should, and we need to get market information out. i think the market can provide a much faster solution than government, but you're right. they are still continuing interest in congress on some type of size limit or breakup proposal. >> i guess, isn't it difficult to see a different, you know, setup in europe than the u.s.? i mean, do we need a global standard? >> yeah. >> is it even logical to think that we have one standard across the world? >> well, i think that would be years in the making, and t
city and b of a have not performed well, even going back before the crisis, trading at significant discounts to tangible book value. so where the government could play a positive role is getting more information out to investors so they can decide maybe the economically best solution for this is a market-driven breakup, but right now it's very difficult again the inadequate disclosures to see how profitable each business line is because the mega banks don't allocate their capital expenses...
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Feb 23, 2013
02/13
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you're up here, you're on the radio, you're in new york city. what does this thing look like you to? >> well, i hate to disagree with you. and i hate to have to defend the president here. but for you to say that president obama came one a bad program, the sequester thing, is one of the few plans he's ever come up with that i like. and any cabinet member that cannot make a cut of 1.25% should immediately step down. he's not capable of managing if he can't make those cuts in a reasonable and rational way. this is the same game we always play. when you have to make a little cut, you claim we have to cut food safety, we have to cut airline security. you absolutely don't. there's enough waste and bloating you could make reasonable cuts. >> this is obama's plan. and this is a good thing. this is like the drones. i like the drones and i like the sequester. but he's disowning the sequester. >> but they let him get away with it. we've got to make this clear. this is obama's plan. he designed it. he created it. >> republicans also back the sequester. they
you're up here, you're on the radio, you're in new york city. what does this thing look like you to? >> well, i hate to disagree with you. and i hate to have to defend the president here. but for you to say that president obama came one a bad program, the sequester thing, is one of the few plans he's ever come up with that i like. and any cabinet member that cannot make a cut of 1.25% should immediately step down. he's not capable of managing if he can't make those cuts in a reasonable...
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Feb 8, 2013
02/13
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everyone is trying to get out of the city before the storm hits. but everything starting from now is basically canceled. >> it will be hard. if you are stuck, there's within thing you can do. >> which is? >> turn the tv on. >> and watch cnbcwex. >> get your food in -- >> and -- >> no, no, the entire channel is fine. you don't have to just watch "worldwide exchange." there are worse things you could do. >>> still to come on the show, apple says it's considering returning cash to shareholders after coming under pressure from david einhorn. more details when we come back. . this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a diffe
everyone is trying to get out of the city before the storm hits. but everything starting from now is basically canceled. >> it will be hard. if you are stuck, there's within thing you can do. >> which is? >> turn the tv on. >> and watch cnbcwex. >> get your food in -- >> and -- >> no, no, the entire channel is fine. you don't have to just watch "worldwide exchange." there are worse things you could do. >>> still to come on the show,...
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Feb 13, 2013
02/13
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triumph won't be port here until sometime tomorrow afternoon whmp day rivals the city of mobile will have medical personnel on hand to take care of any passengers or crew members that may need care as they come off of that ship. at least one person has been removed. someone with a pre-existing health problem over concerns for that. that was during a time when another carnival ship delivered food. what passengers will tell you still not enough food, the lines to get the food, three, three and a half hours, that the stench from the problem with the sewage is inescapable and overwhelming. many have pulled mattresses into hallways or up on to the deck to try and sleep. there's no air conditioning, so it's described as a horrific scene on that ship. you talked about the financial hit that's going to hit this company. they are saying that it would be as much as $80 million when this is all said and done, a tough go both on the financial side and the physical side as the ship inches its way towards shore here. >> thank you so much. families and friends of cruise passengers desperately tryin
triumph won't be port here until sometime tomorrow afternoon whmp day rivals the city of mobile will have medical personnel on hand to take care of any passengers or crew members that may need care as they come off of that ship. at least one person has been removed. someone with a pre-existing health problem over concerns for that. that was during a time when another carnival ship delivered food. what passengers will tell you still not enough food, the lines to get the food, three, three and a...
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Feb 25, 2013
02/13
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. >>> and we will take you live to las vegas to see whether the recent violence there in sin city could scare away badly needed tourist. >>> sue herera is where me today. you remember sue herera. we will see you at the top of the hour for the all important last hour of the trading day. >> thank you very much, bill. >>> horse meat scandal has reached ikea. traces of horse meat has been found in the famous chain meat balls. they were sold in 13 other countries across europe. ikea says they pulled the tainted meat balls from the shelves and no other shipment were effected. >>> let's get back to what is happening in the market. our bread and butter, a market flash with julia boorstin, what are you watching? >> shares trading about 9.5%. even higher this morning on news that laying off 30 people and consolidating others as it looks to drive profitability. this is the second trading session sense legalizing gambling. now zynga stock is down 75% in the past year. but wall street sees potential in gambling revenue like hits from zynga poker. brian? >> julia boorstin, thank you very much. >>> no
. >>> and we will take you live to las vegas to see whether the recent violence there in sin city could scare away badly needed tourist. >>> sue herera is where me today. you remember sue herera. we will see you at the top of the hour for the all important last hour of the trading day. >> thank you very much, bill. >>> horse meat scandal has reached ikea. traces of horse meat has been found in the famous chain meat balls. they were sold in 13 other countries...
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Feb 20, 2013
02/13
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kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it actually benefit me? >> we believe so. we believe that stronger corporate governance is best for the long-term share value, and it could -- it could possibly prevent a kind of loss like what we saw with the london whale. $6 billion is a lot. even at the beginning of it, when it first came to light, the -- jamie in this case characterize it had as a $2 billion loss and originally called it a teachest in a teapot. obviously there are -- there are different objectives that management and investors have. the board represents investors. those interests are not always aligned with management which is why, again,
kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it...
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Feb 5, 2013
02/13
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, it's off the charts. it's printed to 70, so all in all we think that the global markets are healing and china is getting better and europe is getting better and greece is off the table and draghi will speak this week. >> right. >> things continue to be positive. >> mike -- >> i'm not sure china is getting better. >> you don't think china is getting better. >> just look at yum earnings. >> according to bmi china is getting better. >> expectations are too high. just for what it's worth in china. >> all right. let's -- >> how about europe? mike, does europe become front page news again? where are these markets? a couple of cat lifts on the horizon, italian elections and debt coming due for spain? >> what we saw yesterday is that the threshold is pretty low for people to start getting nervous again about europe because we don't have the depth of confidence that the european central bank is really all in and means the same thing that it means over here with the fed, so i do think there's a possibility for a su
, it's off the charts. it's printed to 70, so all in all we think that the global markets are healing and china is getting better and europe is getting better and greece is off the table and draghi will speak this week. >> right. >> things continue to be positive. >> mike -- >> i'm not sure china is getting better. >> you don't think china is getting better. >> just look at yum earnings. >> according to bmi china is getting better. >> expectations...
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Feb 6, 2013
02/13
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one fine stay is creating a new category of city accommodations. combining cheap hotels with the best parts of staying in someone's real home. guests receive a distinctive home yet fitted without five star quality hotel linens, towels, toiletries and we give them an iphone loaded with local area information to use during their stay. the host receives something fully turn key. when they are out of town, we come into the home, clean, prepare it, welcome kbests on arrival. handle any issues that arise during guest stay and put the home back the way it was after the guest leaves and before they come back. we started this business in may in 2010 in london. we now work with over 500 homes there. i moved back to new york this past january to start one fine stay here. we add successful summer of trading. we work with 80 homes in new york. we are excited to grow in new york and beyond. >> evan is on the right side of your screen. he cannot react it criticism or compliments until i say so, which is how we like it. so, kate is founder of author of bold women
one fine stay is creating a new category of city accommodations. combining cheap hotels with the best parts of staying in someone's real home. guests receive a distinctive home yet fitted without five star quality hotel linens, towels, toiletries and we give them an iphone loaded with local area information to use during their stay. the host receives something fully turn key. when they are out of town, we come into the home, clean, prepare it, welcome kbests on arrival. handle any issues that...
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585
Feb 12, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back. we have breaking news on apple. let's get to scott wapner right now. scott? >> reporte
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. (music throughout) why turbo? trust us. it's just better to be in...
SFGTV: San Francisco Government Television
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Feb 11, 2013
02/13
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have become such a common practice in our city and cities across the country, that it has learned a name as recently reported in the new york times called apple picking. one study by the fcc 30 to 40 percent of robberies in several major cities involve cell phones, last year the sfpd reported that more than half of the 4,000 robberies between january and august in san francisco involved smart phones or tablets. new york city reported that more than 40 percent of all robberies involved cell phones, and los angeles, reported that 25 percent of all robberies involved cell phones. these robberies sometimes turn violent, whether or not the victim fights back. we have seen some very alarming instances, for example, in my district and the castro and in college hill, where people were attacked in addition to having their phones robbed. and these robberies don't just take place in central locations where people people congregate. recently, for example there was a rash of armed robberies of smart phones in corbit street in my district and a quiet residential area in broad daylight in the midd
have become such a common practice in our city and cities across the country, that it has learned a name as recently reported in the new york times called apple picking. one study by the fcc 30 to 40 percent of robberies in several major cities involve cell phones, last year the sfpd reported that more than half of the 4,000 robberies between january and august in san francisco involved smart phones or tablets. new york city reported that more than 40 percent of all robberies involved cell...
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Feb 28, 2013
02/13
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"fast money" begins right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here's what "fast" is buyer beware. find out what red flag jp more gan's tom lee seeps right now. >>> defensive blitz. just how much pain the sequester could cost defense stocks. >>> and web wagers. who is best poised toic stroo it big when it comes to online gambling. the markets close in on fresh record highs. what was the top trade of the day today? dr. j? start with you. >> my top trade was the stickiness of the vix. it's made a big trip this week, so, i'm not saying, boy, it's just, you can't push it past 15 at all. it's made it from basically 1320, all the way up to 1920, back down to 14 and then it just wouldn't go any lower than ends up jumping on that rally for the vix. and subsequent selloff for the s&p 500. i was doing these one by two spreads in there, mel, i was buying the selling the 18, that's what the street was doing. >> and beekers, of course, a nail-biter of a day. i don't know if you have had the popcorn out today. we were 50 points away from the d
"fast money" begins right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here's what "fast" is buyer beware. find out what red flag jp more gan's tom lee seeps right now. >>> defensive blitz. just how much pain the sequester could cost defense stocks. >>> and web wagers. who is best poised toic stroo it big when it comes to online gambling. the markets close in on fresh record highs. what was the top...
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Feb 12, 2013
02/13
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that's coming up in just a few moments. >>> and the mayor of london boris johnson says the city will remain at the heart of europe's financial services industry. >> i think that london and the uk will remain for our lifetimes the economic financial powerhouse of the european union. i don't think that there's going to be any change in that. it's inevitable after the shake up that we've seen in the last few years that there will be downsizing in some of these banks but that doesn't mean that you won't continue to see huge number oefs people employed in financial services in this city. this place, london, has the right time zone, it has the right combination of skill, it has the right language to be the best place on earth in which to raise capital in the global economy. >> and the situation surrounding greece and cypress has taken center stage at the euro group talks. silvia wadhwa call up with olli rehn and asked him just what was decided on cypress. >> we have plenty from cypress on the bond program for cypress could be taken in the course of the much. and the other things to watch t
that's coming up in just a few moments. >>> and the mayor of london boris johnson says the city will remain at the heart of europe's financial services industry. >> i think that london and the uk will remain for our lifetimes the economic financial powerhouse of the european union. i don't think that there's going to be any change in that. it's inevitable after the shake up that we've seen in the last few years that there will be downsizing in some of these banks but that doesn't...
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Feb 5, 2013
02/13
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. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of hewlett-packard surging on reports that the board is studying potential breakup scenarios. jon fortt has the latest. fact or fiction here? >> melissa -- fact, but not extremely exciting fact. the business new side courts reporting this. not a lot new i see in this report, saying that the board is exploring a breakup of some divisions, among other scenarios to maximize shareholder value. doesn't seem they've ever stopped analyzing these scenarios. but the spin off of the pc business is something that meg whitman keeps ruling out. earnings call after earnings call. nothing clear anything about that ha
. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of...
SFGTV2: San Francisco Government Television
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Feb 1, 2013
02/13
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i've been in perhaps 120 cities over the past 14 months talking to maybe 50,000 people and i ask this question most places i go and i'll ask you today. how many of you are aware of the fact in afghanistan today, there's 5 point 2 million children going to school and 1 point 8 million of those are female and in 2000 there was only 8 hundred 6,000 kids in school. how many of you know that fact? one, two, you? so that makes my total now - i've counted 21 people in america. to me that's single most incredible inspiring news to come out of that country. that alone is justification for the sacrifice and cost and the investment in that country and nobody in america is aware of that. the media, government, the people. to me that news should be broadcast from every mountain top in this publication called hope we write about that. go and tell people there's some really good things happening and it's related to employ kabs and the number of kids in afghanistan it's gone up six fold since 2000. unfortunately there's other forces at work. in the last year the taliban have bombed more than 400 most
i've been in perhaps 120 cities over the past 14 months talking to maybe 50,000 people and i ask this question most places i go and i'll ask you today. how many of you are aware of the fact in afghanistan today, there's 5 point 2 million children going to school and 1 point 8 million of those are female and in 2000 there was only 8 hundred 6,000 kids in school. how many of you know that fact? one, two, you? so that makes my total now - i've counted 21 people in america. to me that's single most...
SFGTV: San Francisco Government Television
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Feb 7, 2013
02/13
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so, anyone from around the city is invited to attend. so, it will be from 6:00 to 8:00 on monday, february 11th. >> great, thank you. you i want to thank all the commissioners who are attending the chief's meetings on this issue and it's great. commissioner de jesus. >> i've been getting calls from the community * . and one of the things i am very concerned about the tasers, my understanding is we have a committee set up, i believe there are three commissioners who are attending, and i've been told if i attend it's going to be a quorum. that's the reason i haven't been to these meetings, everybody who is listening. and i appreciate that. i appreciate your reporting back to us at some of the committee members [speaker not understood]. i have heard a lot of people are not very happy with the tasers, though. i'd like to be there to see that. that's what i'm getting back -- [multiple voices] >> we had talked about that. if i could switch out it would be nice. i had not been there, there is a reason i'm not there, but i am getting calls and p
so, anyone from around the city is invited to attend. so, it will be from 6:00 to 8:00 on monday, february 11th. >> great, thank you. you i want to thank all the commissioners who are attending the chief's meetings on this issue and it's great. commissioner de jesus. >> i've been getting calls from the community * . and one of the things i am very concerned about the tasers, my understanding is we have a committee set up, i believe there are three commissioners who are attending,...
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Feb 15, 2013
02/13
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and the same story you were saying around the rest of the asian economies. so that translates into consumer goods and at the top end luxury brands. china is building 221 new cities from now to 2025. so there is a huge demand for the basic kind of commodities that is building roads, bridges, highways, motor base and so on and so forth. so i think there is a market for some of the dmodties there. and that, of course, is the asian profile in the region as the company size, as the family size is dwindling. so that, again, translates to demand for health products, lifestyle products and so on. so i think there is a lot of the positive area to look forward to in the region. >> andrew, we've been talking a lot, of course, about currency today with the g-20, as well. will currency have a factor to play on m&a? i'm presuming if your country is strengthening or weakening, that changes the economics quite a lot. >> yeah, sure. as i was saying in the beginning, the whole world is printing money. so certain currencies are -- especially the japanese yen on a down turn. an
and the same story you were saying around the rest of the asian economies. so that translates into consumer goods and at the top end luxury brands. china is building 221 new cities from now to 2025. so there is a huge demand for the basic kind of commodities that is building roads, bridges, highways, motor base and so on and so forth. so i think there is a market for some of the dmodties there. and that, of course, is the asian profile in the region as the company size, as the family size is...
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Feb 14, 2013
02/13
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he talks about the commitment to the city but now you're dealing with some brazilians that will get to know that city pretty well. someone calculated $491 million for each of the 57 varieties, if you want to divide it up that way. let's get insight, joining us on the cnbc newsline, jeff matthews author of "warren buffett's successor, who it is and why it matters." jeff good morning to you. >> good morning, nice to be here. >> let's talk about the brazil effect. i wonder if this marks a change of any, in any way to buffett's approach to m&a, to his operational playbook. >> well you know he's always been flexible. he likes to get what he wants at the end of the day. he has done deals with acadia like this, although not on this scale, so i think what it reflects is how highly he thinks of the 3g guys and how much they bring to the table here. there's a little bit unusual, it's a company that probably wouldn't run best by itself as it is. it's very international business, and very undermanaged i think in the big sense. >> when was the last time you remember him buying something where the s
he talks about the commitment to the city but now you're dealing with some brazilians that will get to know that city pretty well. someone calculated $491 million for each of the 57 varieties, if you want to divide it up that way. let's get insight, joining us on the cnbc newsline, jeff matthews author of "warren buffett's successor, who it is and why it matters." jeff good morning to you. >> good morning, nice to be here. >> let's talk about the brazil effect. i wonder if...
SFGTV2: San Francisco Government Television
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Feb 1, 2013
02/13
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many young men have left the villages to try and get jobs as dishwashers in the cities or work on construction crews or work for foreign climbers and they often have to pull they're resources and sell they're goats and land to bribe somebody. for who is left behind is the women and they say now they're workload has doubled over the last two decades. i walked into this stli ladies and gentle village and we had yet to have three cup office tea with each other. first cup your a stranger, second cup a friend, and third cup you become family but the process take many years. here in american we have two minutes football drills and 6 second sound bites and 30 minutes power lunches and really it's about three cups of tea and really it's about relationships. i asked about a school and i know thisd the kids disappeared and i asked about school and they were very embarrassed and finally took me behind the village and i saw 84 children sitting in the dirt during school lessons. five girls and 79 boys and writing with sticks in the sand. i've seen a lot of poverty in africa but when i saw those kids and a
many young men have left the villages to try and get jobs as dishwashers in the cities or work on construction crews or work for foreign climbers and they often have to pull they're resources and sell they're goats and land to bribe somebody. for who is left behind is the women and they say now they're workload has doubled over the last two decades. i walked into this stli ladies and gentle village and we had yet to have three cup office tea with each other. first cup your a stranger, second...
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Feb 20, 2013
02/13
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and the new york city pension funds. the proposal calls on jpmorgan to name an independent board chairman. jamie dimon now holds both the ceo and chairman role. it got what they're calling impressive 40% in favor. going to make another run at it. they said even a master of the universe can be swallowed by a london whale. >> listen, he's under continued pressure. they represent about $820 million worth of stock. not an enormous amount when you consider the market capitalization of jpmorgan. there may be momentum. >> the corporate governance splitting the two roles never gained the traction here in the united states as it has around the rest of the world. people still love to have a single figurehead in america, and someone they can rally around. it's a very different -- you know, the iconization of american business people is quite unique. >> our next guest actually may have something to say on that topic. one of the biggest names in shareholder activists recently pushing for the proxy fight going on. calling on diversifi
and the new york city pension funds. the proposal calls on jpmorgan to name an independent board chairman. jamie dimon now holds both the ceo and chairman role. it got what they're calling impressive 40% in favor. going to make another run at it. they said even a master of the universe can be swallowed by a london whale. >> listen, he's under continued pressure. they represent about $820 million worth of stock. not an enormous amount when you consider the market capitalization of...
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Feb 20, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. >>> u.s. futures are trying to build on gains from yesterday. the dow breaking through 14,000, adding five or six points more today. the s&p 500, 1,529. the rally supported by what we've seen out of asia and europe overnight. although trade has been mixed. the ftse 100 pushing through 6,400, adding .4% after bank of engla england. the cac and ibex slightly weaker. how do you make money in these markets? here's
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have...
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Feb 6, 2013
02/13
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an expensive city. so we'll see. it sounds like if mark carney actually doesn't come out with some of the more dovish statements on thursday people are expecting, the other thing could happen. we could be backing up toward 1.60 again. we'll see. mark, i hope you're listening. i'm kidding. >> between 1.50, 1.65 is -- what the exchange rate should be for dollar/sterling. that band is the comfortable trade weighted. it's about right. >> okay. >> and now, hsbc taking a turn in the hot seat this morning, appearing before the parliamentary commission on banking standards. hsbc ceo stewart gulliver and chairman douglas flint giving answer as we speak. just to let you know that that's happening. and there's plenty of corporate news, as well, today. >> that's right. disney's first-quarter profits fell 6% in part because of rising costs to buy sports content for espn. the company is exploring an exit from espn in the u.k. excluding that, results beat forecasts as revenues rose 5%. disney does see better quarters ahead thanks t
an expensive city. so we'll see. it sounds like if mark carney actually doesn't come out with some of the more dovish statements on thursday people are expecting, the other thing could happen. we could be backing up toward 1.60 again. we'll see. mark, i hope you're listening. i'm kidding. >> between 1.50, 1.65 is -- what the exchange rate should be for dollar/sterling. that band is the comfortable trade weighted. it's about right. >> okay. >> and now, hsbc taking a turn in the...
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Feb 14, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> happy valentine's day. americans will spend $18.6 billion to express their love. men tend to spend more, $176, while females spend on average $89. wow. big business. joining us know is the owner of rennie and reed forest. reed and angus, hello and welcome to you both. happy valentine's day, i should say. reed, how big a day is it for you and what are some of the more unusual requests you tend to get? >> it's a big day. whether it's the weather or whether it's clientele, we had an order yesterday for a 1,000 rose arrangement, which we'll be sending out first thing this morning. this is an individual we see a couple times throughout the last three years and it keeps us on our toes. >> i see you have the low ask lush. i thought that was something that happens at the end of valentine's day. apparently it's a mixed floral. it's popular. are guys any good at this, reed? how much are they spending on average this year compared to five years ago? >> guys are good at it b
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> happy valentine's day. americans will spend $18.6 billion to express their love. men tend to spend more, $176, while females spend on average $89. wow. big business. joining us know is the owner of rennie and reed forest. reed and angus, hello and welcome to you both. happy valentine's day, i should say. reed, how big a day is it for you and what are some of the more...
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Feb 26, 2013
02/13
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it's a shame we couldn't get the full information in. we've now got with the gridlock here, what is -- i know there are many options. what do you think is the most likely? is a fresh election more likely than us coupling together some kind of coalition? >> i don't think so. at least not yet. to address your question, the next government probably won't last its full five-year term. however, fresh -- >> what is the next government? >> well, we'll get to that. there's no mon date here for austerity. you have a fragmentation amongst political parties, cobbling together a coalition is going to be difficult. historically, a coalition takes three to four weeks and it's not likely to be any quicker with this result. we are looking in the short term in weeks and probably months of political uncertainty. we have presidential elections coming, too. but in terms of fresh elections, they can't happen as quickly as they did in greece where they happened a month later. >> bettrsani will be first up trying to form a government. berlusconi said today he'
it's a shame we couldn't get the full information in. we've now got with the gridlock here, what is -- i know there are many options. what do you think is the most likely? is a fresh election more likely than us coupling together some kind of coalition? >> i don't think so. at least not yet. to address your question, the next government probably won't last its full five-year term. however, fresh -- >> what is the next government? >> well, we'll get to that. there's no mon date...
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Feb 21, 2013
02/13
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citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800 number as a tell as to whether or not we are going to slide further. more market reaction, bring in the president of platinum partners to talk about where we are, ari landers. welcome back. >> thanks. >> don't need to tell you how many things appeared to pile up against the bulls heart past 48 hours. much ado about nothing or not? >> not much ado about nothing. all the data this morning, which is nice, clearly the fed minutes were the most important thing. bernanke has been back stopping this market for months. if things are goin
citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800...
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Feb 13, 2013
02/13
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joining us is metals and mining analyst at citi. john, how important are these earnings for barrick gold? >> they are important because the problems of 2012 are continuing into 2013. the company's difficulties with the available of power in tanzania and they're about to use diesel power in one of their mines which pushed costs up to $1,000 an ounce. during a strike in 2012, part of the equipment froze up and jammed up. it will take a few months in 2013 to fix up. so the company has guided down significantly for 2013 compared to what analysts were expecting. >> is that a play where you look then at rivals and see them benefiting, or is it pretty much a warning sign for everyone operating in this space? >> no. i think most of this is very company specific. barrick operates at guidance, cost of above $1,000 an ounce for 2013. most of the u.k. gold is at $750, $800 an ounce. and barrick cost shot up sharply in the past few years. again, company and country specific because of the issues they've faced with the power. they've also faced s
joining us is metals and mining analyst at citi. john, how important are these earnings for barrick gold? >> they are important because the problems of 2012 are continuing into 2013. the company's difficulties with the available of power in tanzania and they're about to use diesel power in one of their mines which pushed costs up to $1,000 an ounce. during a strike in 2012, part of the equipment froze up and jammed up. it will take a few months in 2013 to fix up. so the company has guided...
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Feb 5, 2013
02/13
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some of the newer cities, yum doesn't even have competition. it has the supply chain, and the real estate identification teams to get into the smaller markets. the competition is scarce. the tier one markets, the returns are deteriorating. that's why they're slowing down that development there. but yum brands has a very deep investment capital opportunity if they can get its brand back on track. >> david, thanks to speak with you. >> thank you. >>> still ahead, much more of the dell buyout news. and the doj lawsuit.ate in me? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades n an account. to grow, we have to boost our social media visibility. more "likes." more t
some of the newer cities, yum doesn't even have competition. it has the supply chain, and the real estate identification teams to get into the smaller markets. the competition is scarce. the tier one markets, the returns are deteriorating. that's why they're slowing down that development there. but yum brands has a very deep investment capital opportunity if they can get its brand back on track. >> david, thanks to speak with you. >> thank you. >>> still ahead, much more of...
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Feb 5, 2013
02/13
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KICU
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the city. candle stick is to be demolished in a few months. >> this is going to be a very emotional thing. >> reporter: lenar plans to build a shopping center and plans to demolish candle stick very soon. once the stick is taken down, lenard plans to recycle the rubble to graze the foundation. season ticketholders are already requesting their seats. >> it's a place that people have you know lifetime and sometimes multiple generations worth of memories. >> reporter: people such as 49ers fans and candle stick employee jorish roberson. >> i think that there should be other events to keep the stadium up because it's actually a great stadium. >> reporter: the rebuild on this site and the largest hunter's point area is expected to take about 10 years. at candle stick park, david stevenson. >>> virgin america announce today it is venturing outside of the u.s. for the first time. it will travel from san yo se -- san jose on may first. but it's hoping to grab the attention of business travelers with a f
the city. candle stick is to be demolished in a few months. >> this is going to be a very emotional thing. >> reporter: lenar plans to build a shopping center and plans to demolish candle stick very soon. once the stick is taken down, lenard plans to recycle the rubble to graze the foundation. season ticketholders are already requesting their seats. >> it's a place that people have you know lifetime and sometimes multiple generations worth of memories. >> reporter:...
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Feb 2, 2013
02/13
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KQED
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, the city, the place. what this means to them. >> uh-huh. i get it here. i lived here. ri have lived in a lot of different places as a kid. my mom and dad would take up, my dad would get promoted, working for a company called seeland until he got back to the new york area for the corporate office. but we made a stop here back in the mid 60s. i was here for almost four years and it coincided with the birth of the new orleans santas. so the first football game i ever saw was september 17th, 1967. they were playing the los angeles rams, first game in saint's history. it happened to be the first game i ever wiltnessed. and my dad got standing room only tickets. we sat in the aisle, two rows from the top, just in time to watch john gillium, famous down here in new orleans, return the opening kickoff, 94 yards for a touchdown. and at that point i was hopelessly in love with the nfl. had no idea i would one day be calling the nfl or that i would come back and have a chance to call a super bowl here in new orleans
, the city, the place. what this means to them. >> uh-huh. i get it here. i lived here. ri have lived in a lot of different places as a kid. my mom and dad would take up, my dad would get promoted, working for a company called seeland until he got back to the new york area for the corporate office. but we made a stop here back in the mid 60s. i was here for almost four years and it coincided with the birth of the new orleans santas. so the first football game i ever saw was september...
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Feb 5, 2013
02/13
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KTVU
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the city. candle stick is to be demolished in a few months. >> this is going to be a very emotional thing. >> reporter: lenar plans to build a shopping center and plans to demolish candle stick very soon. once the stick is taken down, lenard plans to recycle the rubble to graze the foundation. season ticketholders are already requesting their seats. >> it's a place that people have you know lifetime and sometimes multiple generations worth of memories. >> reporter: people such as 49ers fans and candle stick employee jorish roberson. >> i think that there should be other events to keep the stadium up because it's actually a great stadium. >> reporter: the rebuild on this site and the largest hunter's point area is expected to take about 10 years. at candle stick park, david stevenson. >>> virgin america announce today it is venturing outside of the u.s. for the first time. it will travel from san yo se -- san jose on may first. but it's hoping to grab the attention of business travelers with a f
the city. candle stick is to be demolished in a few months. >> this is going to be a very emotional thing. >> reporter: lenar plans to build a shopping center and plans to demolish candle stick very soon. once the stick is taken down, lenard plans to recycle the rubble to graze the foundation. season ticketholders are already requesting their seats. >> it's a place that people have you know lifetime and sometimes multiple generations worth of memories. >> reporter:...
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Feb 8, 2013
02/13
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the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last month, had the most subtle revisions, we'll just call it a push. so you know, i'm going to have to ponder this. we know that there's a lot of foreign exchange going on in the world. most of it right now isn't free market driven, it's central bank printing driven. thinking this through, of course, is going to have big possibilities for strategic trades down the road. especially if the offshoot of what's going on potentially between europe, japan, maybe to a lesser extent china, is going to boost the value of the dollar. is that something that's going to help or hurt? how important is thi
the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last...
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Feb 19, 2013
02/13
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dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37 back to you guys. >> beck can he can't believe what she just heard about that cold weather. eric, they're melg me, you didn't know it was 25 degrees. >> it's warmed up in minneapolis since earlier today. >> such balmy weather. >> it's like, i've known this, right? >> we're here to educate. >> eric, i rely on the weather channel. tell us something, andrew -- >> he did. he just told me it's 2:22 in nairobi. >> you need singapore time? >> you know what else? the clock when you put them all in, andrew, am i right? if it's nice, the clocks are dark. if it's daytime -- >> you guys are going to complete
dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37...
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Feb 11, 2013
02/13
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half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you
half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male...
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Feb 1, 2013
02/13
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i thought it was nomura city. whichever bank, i apologize. talking about spanish gdp by 4%. >> one shouldn't exaggerate. span entered the crisis in a relatively comfortable position debtwise. the problem is, the scale of the economic downturn and the fact that the -- the costs of the bank bailout have been basically settled, have saddled spain to even higher debt. that's clearly undermined spain's creditworthiness. >> the thing is, is what we're seeing here just something that's going on in january? because with such easy money in the world and the fact that if you're a fixed income investor, real returns are negative. are we driving fixed income investors not just in the sovereign market, but, you know, they're not going to -- they can't switch out of fixed income into equity. we talk about them looking at structured credit now seems to be flying, investment grade is overvalued. i wonder if that's what's going on here, if you can find the spanish debt at 5%, it's still better than other stuff you could buy. >> what we're seeing here is a shi
i thought it was nomura city. whichever bank, i apologize. talking about spanish gdp by 4%. >> one shouldn't exaggerate. span entered the crisis in a relatively comfortable position debtwise. the problem is, the scale of the economic downturn and the fact that the -- the costs of the bank bailout have been basically settled, have saddled spain to even higher debt. that's clearly undermined spain's creditworthiness. >> the thing is, is what we're seeing here just something that's...
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Feb 13, 2013
02/13
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to couple cities with manufacturing, trying to bring jobs back to people and the cities that have lost them. i just wonder what was new about last night? >> i was really proud of the president's speech, because it highlighted particularly when it came to the economy. some new bold initiatives that really need to -- really designed to move the needle. because there's been a lot of criticism, not just of the president, but of the republicans and washington in general, that, you know, same old same old tired proposals. the proposal to create manufacturing innovation institutes around the country, we have one in youngstown, ohio. the president proposed a the least 15, and 5 over the next couple of years. that's going to allow us to make the kind of investments to make sure we can make things in america again and revitalize some of the communities decimated by the fact that factories have moved out of town. coupling those communities with businesses so we can make sure we can locate high-tech jobs and make them hubs for high-tech jobs. >> how to further that, when obviously the main concern
to couple cities with manufacturing, trying to bring jobs back to people and the cities that have lost them. i just wonder what was new about last night? >> i was really proud of the president's speech, because it highlighted particularly when it came to the economy. some new bold initiatives that really need to -- really designed to move the needle. because there's been a lot of criticism, not just of the president, but of the republicans and washington in general, that, you know, same...
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Feb 7, 2013
02/13
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and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. because what you don'tu know can hurt you.rance. hey do you wanna get a drink later? what if you didn'
and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to...
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new york city, i don't think that was ever that realistic. but, what we're talking about is smart grid technology, in that with thousands or millions of sources of electricity all around the country, the i.t. that's going to be necessary to make that all work together is going to be pretty huge. >> david, thank you very much for coming in and explaining all this stuff to us. >> come on back. >> i could go on for aheil. >> we didn't talk about the tax credits and whether or not that's going to lay. >> who would have known that electricity could be interesting. >> thank you. >> thank you. >> when we come back -- >> blackberries every second it's very interesting. >> house majority leader eric cantor and his plan to give the republican party a message makeover. "squawk" will be right back. at 1:45, the aflac duck was brought in with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his l
new york city, i don't think that was ever that realistic. but, what we're talking about is smart grid technology, in that with thousands or millions of sources of electricity all around the country, the i.t. that's going to be necessary to make that all work together is going to be pretty huge. >> david, thank you very much for coming in and explaining all this stuff to us. >> come on back. >> i could go on for aheil. >> we didn't talk about the tax credits and whether...